Capital gains tax and servant`s cottages (Record no. 7534)

MARC details
000 -LEADER
fixed length control field 01269cab a2200241 4500
001 - CONTROL NUMBER
control field ABS38657
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 090401t1987 xxu||||| |||| 00| 0 eng d
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u11801
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Williams, D.
245 ## - TITLE STATEMENT
Title Capital gains tax and servant`s cottages
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 1987
350 ## - PRICE (NR) (BK AM CF MU VM SE) [OBSOLETE]
Price 0
490 ## - SERIES STATEMENT
Series statement Law Society`s Gazette
Volume/sequential designation 34(42) 18 November 1987, 3317-21(3)
520 ## - SUMMARY, ETC.
Summary, etc. A substantial capital gains tax bill may await someone selling a servant`s cottage either individually or as part of an estate. The problem arises when the cottage is not the dwelling place of the taxpayer, and he is therefore not exempt from tax on the gain arising from disposal. Three cases recently considered this issue, Batey v Wakefield (1981) (WB1726-68); Markey (HMIT) v Sanders (1987) (Abs 37763) and Williams (HMIT) v Merrylees (1987) STC 445, reaching the conclusion that each case rests on the precise facts. It is up to the taxpayers` representatives to ensure that all facts favourable to the taxpayer are brought to the inspectors attention.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element CAPITAL GAINS TAX
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element EXEMPTION
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element PRIVATE RESIDENCE EXEMPTION
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element RESIDENTIAL PROPERTY
9 (RLIN) 6266
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element TAXATION
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
948 ## - LOCAL PROCESSING INFORMATION (OCLC); SERIES PART DESIGNATOR (RLIN)
c (OCLC) 04/03/1997
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 14/09/1999   ABS38657 11801-1001 06/08/2019 1 06/08/2019 Journal article